. SECTION 3. The definition “company” in Section 4 of the Securities and Exchange Act B.E. 2535 shall be amended and replaced by the following texts: ““company” means any limited company or public limited

Increasing flexibility of supervision and control of securities business The SEC may exempt a securities company from undertaking or prescribe a securities company to undertake in a different manner from

complied with Section 65 or (3) is an offer for sale of newly issued securities by a public company limited and is made entirely to its shareholders in proportion of their existing shareholding and in

other forms as specified in the notification of the SEC. 4 indicated amendment by the Securities and Exchange Act (No. 4) B.E. 2551 3 "securities company" means any company, or financial institution

securities company.” SECTION 5 The provision in the second paragraph of Section 16/3 of the Securities and Exchange Act B.E. 2535, as amended by the Securities and Exchange Act (No. 4) B.E. 2551, shall be

arrange for the appointment of a custodian with an approval of the Office in accordance with the rules, conditions and procedures specified in the notification of the SEC. The securities company may act as

comply with the provisions under Chapter 2: Issuance of Securities and Chapter 3: Public Offering of Securities, as similarly specified as duty and responsibility of the securities issuing company. In

Emergency Decree, “special purpose juristic person” means a vehicle established for the purpose of securitization and registered as a special purpose juristic person under this Emergency decree. *Published in

company under the first paragraph shall be carried out in accordance with the provisions of the Civil and Commercial Code or under the law governing public limited companies, as the case may be, except that

limited company or the public limited company, as the case may be. The dissolution and liquidation of a limited company or a public limited company under the first paragraph shall be carried out in